The Twenty-fifth Meeting of the Executive Committee decided to allow flexibility in the year for which bilateral projects would be credited, provided that:
(a) the bilateral agencies submit their work plans in time at the beginning of the year, so that the Secretariat could transmit them to the Monitoring, Evaluation and Finance Sub-Committee for consideration during discussions of the business plans at the Committee’s first meeting of the year; and
(b) any project proposal by a bilateral agency exceeding US $2 million be submitted for full review by the Executive Committee and not approved intersessionally.
(UNEP/OzL.Pro/ExCom/25/68, Decision 25/13, para. 38).